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Pat LaPointe of Frontier Angel Investors says Montana Governor’s business-startup tax incentive needs more incentives to attract capital
“Every single state in the country is doing something to try to attract better business startups,” Pat LaPointe of Frontier Angels told MTN News in a recent interview. “We need to stimulate the (startup) ecosystem, and stimulating the ecosystem means we need to make sure there are investors who are properly incented to want to put money into Montana companies.”
The Gianforte administration is behind Senate Bill 184, which aims to attract business startups by exempting from state taxation any profit from sale of the company stock by its founders – after it’s been here five years.
By: Mike Dennison
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